Islamic Forex Trading Accounts
On specific products, swap fees will not be credited or debited for
traders who are followers of the islamic faith.
Islamic Accounts
What is an islamic acocunt? How does it operate? How do you trade in accordance with islamic finance?
Islamic Accounts (or swap free accounts) are ideally suited to clients who cannot pay or receive interest for religious reasons. Clients will not pay or receive any swaps for positions held overnight, but instead will be charged administration fees which is deducted from the balance of the account.
For people of the Islamic faith, trading forex is possible providing you find an account that does not charge any swaps for overnight positions which is in line with shariah law.
In order to open an Islamic account, a client must first apply for a standard account, and then email our support team to request it to be converted to an Islamic account.
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Available markets to trade
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Forex
Over 60 currency pairs directly on MT5
![](https://itgtraders.com/wp-content/uploads/2020/10/icons8-rocket-100-1.png)
Indices
Global stock market indicies
![](https://itgtraders.com/wp-content/uploads/2020/10/icons8-commodity-100-1.png)
Commodities
Gold, oil, silver and more
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Cryptos
Major cryptos available with leverage
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Advanced Platforms & Technology
- MT5 Platform across all your devices
- Harmonic Scanner
- Advanced client portal to track all your trading activity
- NY4 Equinox servers for ultra low-latency
Start trading with ITG Traders
Fast account opening in 3 easy steps
1
Register
Choose account type and complete our fast and secure application form
2
Fund
Fund your account through our wide array of fast and easy methods
3
Trade
Start trading and access 80+ instruments across our platforms